Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (6843)	10/12/2000 12:03:21 PM
From: Bucky Katt	Read Replies (2) of 13094

The DOW is really toast, could go through 10,000 like a hot knife through butter. I suspect we could see another triple digit loss in the naz today too, 3,000 is looming. Once these things start dumping like this, they tend to feed on themselves for awhile. As for INVN, there is no rush at all, it may actually sink into the toilet to the $3 or less area. But if it pops, pay attention. Still looking for that leadership we were talking about. I don't see any indications yet. My guess is the FED is jerking around in the markets, increasing liquidity this very minute, to keep the house of cards from falling in on itself, so that is one thing short index players like me need to be thinking about.

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